Astra Agro Sells 6,000 Tons of Palm Oil in Auction
30/03/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold 6,000 tons of 9,000 tons of palm oil it offered at an auction in Jakarta.
The following table lists the results of the sale today, based on an e-mailed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent for value added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
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Buyer Volume Commodity Price Terms
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PT Asianagro Agungjaya 4,000 CPO 9,475 FOB Dumai
PT Wilmar Nabati Indonesia 2,000 CPO 9,200 FOB Tg. Bakau
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CPO: Crude Palm Oil FOB: Free-on-Board